That's not a good theory to live by, metal condition is way more important than size. I've "gun - drilled " parts for years, they usually improve at least 10%!
That's why I said 99% of the time. You may have gun-drilled axles to increase torsional strength, but I never have...so just you & I cut the 10% you mention down to 5% when averaged out.
The 99% I mentioned encompasses everyone....not the 1 or 2 people who may actually have a need to do such things.
I once polished a set of connecting rods.....and ya know what ?? I weakened them cuz I didn't know what I was doing at the time. Ended up throwing them away cuz I removed so much metal they wouldn't balance.
Most people on here (or in general) have no clue how to remove metal from parts without damaging or weakening them, because they don't know what they are doing.
Yes, removing a sharp egde or angle or stress riser can make a material stronger, or at least less susceptible to cracking. Gun-drilling an axle makes it torsionally stronger. Cryo freezing gears can make them less susceptible to cracking by re-aligning the molecules. Quenching steel makes it stronger.
Does everyone on here know how to do these things ?? NO
My comment was aimed at the majority, those who may say, well, so & so did it, and it was ok, then they go and remove material not knowing really what they are doing, and end up screwing the thing up to bad to use or even worse.
The 1% is for those who KNOW how & why to remove material to increase strength vice weaken the part.
You sir, are in that 1%. And I agree, metal condition is more important than size, but the type of metal is also important, and whether it is cast, machined, or forged.